1670 42Nd St Hialeah, FL 33012
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1670 42Nd St
- Year built
- 1984
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building located in Hialeah, Florida, at 1670 W 42nd St, 33012. Built in 1984, this two-story, concrete block construction building boasts four fully occupied apartments, each featuring three bedrooms and two bathrooms. Each unit includes central air conditioning, an inside laundry room, an open kitchen, and walk-in closets. Upper units offer open balconies, while lower units provide private, fenced patios. The property includes a private parking lot accommodating six to eight vehicles. Recent improvements include a new roof, and the building has successfully completed its 40-50 year certification. All four units are currently on month-to-month leases, providing flexibility for adjusting rental rates to market value and maximizing income potential. Financing options include FHA, cash, conventional, and VA loans. A 48-hour notice is required for showings to respect tenant privacy. This property represents a strong investment opportunity in a desirable Hialeah location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.3163055
- Latitude
- 25.8595533
